Ask Reggi Your Question Now
Can you summarize 20 ILCS 1605?
EXECUTIVE BRANCH > Illinois Lottery Law.
Short Summary
The Illinois Lottery Law governs the implementation and establishment of a lottery conducted by the State of Illinois through the Department. It establishes the purpose of the lottery, which is to generate net proceeds for the State’s Common School Fund. The law outlines the role and responsibilities of key entities such as the Department of the Lottery, Lottery Control Board, and lottery sales agents. It also defines terms and concepts related to the lottery, such as management agreements, prizes, and proceeds. The law addresses various aspects of the lottery, including advertising, licensing, verification of winners, and the treatment of unclaimed prizes. It also establishes funds and grants for specific purposes, such as breast cancer research, veterans’ assistance, and homelessness prevention. Section 9.3 of the Illinois Lottery Law specifically governs the expenditure and distribution of lottery proceeds. It applies to the Department, State Comptroller, State Treasurer, and Common School Fund. The Department is required to distribute all proceeds of lottery tickets and shares in a specific priority and manner, including the payment of prizes, retailer bonuses, costs incurred in the operation and administration of the Lottery, and the transfer of net lottery proceeds to the Common School Fund. The net lottery proceeds are determined by deducting the required expenditures from the total annual lottery proceeds. The document mentions exemptions to this distribution process, such as certain sections of the Illinois Lottery Law and the Sports Wagering Act. However, no specific penalties are mentioned in this section of the law.
Whom does it apply to?
The Illinois Lottery Law applies to the Department of the Lottery, State Comptroller, State Treasurer, and Common School Fund.
What does it govern?
The Illinois Lottery Law governs the implementation and establishment of a lottery conducted by the State of Illinois through the Department. It also governs the expenditure and distribution of lottery proceeds.
What are exemptions?
No specific exemptions are mentioned in this section of the Illinois Lottery Law.
What are the Penalties?
No specific penalties are mentioned in this section of the Illinois Lottery Law.
Jurisdiction
Illinois